Changing Biotech
China · $22.0M raised
- Business Model
- B2B
- Total Funding
- $22.0M
- Last Round
- $22.0M Series AJul 2022
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Changing Biotech is a Chinese food technology company that ferments proteins from microbes to produce high-protein, high-fiber, low-fat, zero-carb ingredients for dairy and food alternatives. The company's first product is a single-cell protein derived from a fungi strain approved in China as an edible microorganism, produced at a five-ton fermentation facility, with applications including milk, yogurt, chocolate, cookies, and snack puffs. Founded by bio-industry entrepreneur Bin Luo, the company raised a $22M Series A in 2022 led by Bits x Bites, with participation from Eight Roads Ventures, Sherpa Healthcare Partners, and Hillhouse.
Summary
Changing Biotech is a Biotech company based in China. It has raised $22.0M in total across 1 round, most recently a $22.0M Series A round in Jul 2022. Investors include Bits x Bites.
Funding History
Jul 2022
Investors
Similar Companies
Food technology company creating plant-based meat and dairy products that replicate the taste and...
Independent beverage contract manufacturer offering critical bottling services in North America a...
World's largest fast-food restaurant chain by number of locations, specializing in submarine sand...
One of the world's largest contract research organizations (CROs), providing end-to-end clinical ...
Simtra provides pharmaceutical and biotech clients development and manufacturing services for ste...
Global contract research organization providing comprehensive drug development and laboratory ser...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/changing-biotech"><img src="https://indexed.vc/api/badge/company/changing-biotech" alt="Changing Biotech on Indexed.vc" width="260" height="76" /></a>